Kwun Tong East Hub launches two more floors
On.cc · 1 SOURCESabout 1 hour ago2 MIN
Summary
East Hub, a ginza-style commercial project at 2 Hung To Road in Kwun Tong marketed by Midland IC&I, has launched two more floors after previously selling two full-floor units. The newly released units are the 6th floor and a special 25th-floor unit with a private rooftop. The 25th-floor unit has a sale price of HK$41.9 million, with an average price of about HK$9,063 per sq ft. The agency said market response to distinctive commercial properties with flexible uses and long-term investment value remains strong.
Key Points
- Midland Shops director Luk Chak-sum said the project's 5th and 20th full-floor units were taken up quickly before the latest release.
- The 25th-floor special unit has a saleable built area of about 2,900 sq ft plus a private rooftop of about 1,723 sq ft.
- The rooftop unit includes an internal staircase, offers high privacy, and has open views including Victoria Harbour fireworks near the convention area.
- Its list price is HK$41.9 million, implying about HK$9,063 per sq ft, and the floor-to-floor height is about four metres.
- The 6th-floor unit measures about 2,760 sq ft, has a floor height of about 3.5 metres, and is priced at HK$24.84 million.
Why It Matters
The latest release suggests owners and agents still see demand for whole-floor or special-format commercial units in core Kowloon East business areas. For Hong Kong investors and occupiers, pricing around HK$9,000 per sq ft in Kwun Tong offers a reference point for flexible-use commercial stock near MTR access and established office clusters.